Is There Such Thing as a Google Credit Card?

There are a lot of entities out there that issue credit cards even though they seem as though they have no reason to be involved in that particular line of business. For proof, look no further than the sheer range of retailers that issue credit cards in collaboration with financial service providers, which can sometimes seem as though they encompass the full range of products that can be found out there. Regardless, it is interesting to note that Google seems to be one of the entities out there that issues credit cards even though that is not what would come to mind for most people when they think of either Google or its parent corporation Alphabet.

With that said, Google’s credit card isn’t what one would call a credit card intended for general use. Instead, it is one of those credit cards that can be used at the place that issued it and nowhere else, which makes it very useful under those circumstances but at the same time, very limited in its usefulness. Still, considering what it is used for, there are still bound to be plenty of people who will have plenty of use for it.

What Does the Google Credit Card Look Like?

In short, the Google credit card is intended for people who make use of its AdWords service. Moreover, it is not something that is available to all of the AdWords users out there but is instead restricted to a small and thus select number of them. However, considering the rather exclusive nature of the Google credit card, it should come as no surprise to learn that it comes with some rather nice features to make up for its shortfalls.

For example, the Google credit card has no annual fee, which is something that can be found on a wide range of credit cards but is nonetheless useful whenever and wherever it can be found. After all, when a credit card has an annual fee on it, the credit card user must make frequent use of it for the purpose of capitalizing on its benefits. Otherwise, they will end up paying an annual fees for things that they don’t use, meaning that they will have wasted said opportunity. With that said, the lack of an annual fee is also particularly common on retailer-issued credit cards that can be used nowhere else, which makes sense because that makes sense because the annual fee can be a huge disincentive when they already come with such a serious limitation.

Moving on, the Google credit card came with what was announced to be an 8.99 percent APR in 2011, which wasn’t the introductory interest rate but rather the ongoing interest rate. Meanwhile, Google didn’t reveal much about either the minimum credit limit or the maximum credit limit that would come with its credit card, which what was said suggested that it would be generous though still variable depending on the exact user. Otherwise, not too much information was revealed about the Google credit card, which makes sense because of its rather exclusive nature.

Further Considerations

As for why the Google credit card was even offered in the first place, the idea was to make it easier for smaller businesses to make purchases on AdWords. In short, 2011 was a rough time for entities seeking financing, seeing as how the financial sector wasn’t exactly in the best shape. As a result, Google used a credit card as a way of offering what amounted to in-store financing, thus making it easier for interested parties to continue making use of its services without putting itself at too much risk in the process. In other words, the Google credit card was a simple and straightforward solution for a simple and straightforward problem, which explains much about why its features were so limited in scope.

With that said, some people might be wondering whether we will ever see another Google credit card ever again. Theoretically, it is not impossible because Google sells a wide range of products and services that seems to be expanding on a regular basis. However, interested parties should not be too many expectations upon it on this regard, seeing as how the last Google credit card came about because of what can be called exceptional circumstances.